Presidents' Day, celebrated on the third Monday of February, officially known as Washington's Birthday, honors the first president George Washington and commemorates Abraham Lincoln. This federal holiday leads to numerous retail discounts, attracting shoppers to big box stores like Walmart and Target. However, it results in the closure of government offices and most banks, except for TD Bank, while online banking and ATMs remain operational. Key trading platforms like Nasdaq are also closed, reflecting its status as a federal banking holiday.
Many Americans enjoy a day off on the third Monday of February every year, known as Presidents' Day, which honors George Washington and Abraham Lincoln.
Presidents' Day has evolved from Washington's Birthday to also recognize President Abraham Lincoln's contributions, reflecting on the nation's historical leadership.
Presidents' Day prompts various retailers to offer discounts and sales, marking it a significant shopping day as well as a federal holiday.
On Presidents' Day, most government offices are closed, major banks, except for TD Bank, are inaccessible, while many retailers remain open for business.
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